Economy
Silver, lead, and zinc are mined, notably at the Bawdwin mine, and there are smelters at Namtu. Rubies are extracted in large quantity in Mong Hsu Township in late 1990s and early 2000s.
Teak is cut, and rice and other crops are grown. Shan State is famous for its garden produce of all sorts of fresh fruit and vegetables thanks to its temperate but sunny climate. Itinerant markets that travel from place to place, setting up on every fifth day in each small town or village, are typical, although large towns have permanent markets. It is part of the Golden Triangle, an area in which much of the world's opium and heroin are illegally produced. Drug trafficking is controlled by local warlords, some of whom have private armies amounting to thousands of soldiers. Much of the meth-amphetamine (yaba) that ends up in Thailand is produced in this region as well.
There are some border trading centers along the Shan State border and neighbor countries. Muse (Muse, Burma), the biggest border trading center along the Myanmar China border and Tachileik, another important trading center between Myanmar and Thailand are in Shan State.
The construction project of Sino-Burma pipelines of oil and gas that passes through northern part of Shan State was started in September 2010 and planned to be finished in 2013.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)